Clay, WV is a great place to live if you’re looking for an affordable lifestyle. An average 2 bedroom apartment in Clay costs $760 per month whereas the national average is $1,430- significantly lower than many other places in the US. The Grocery Cost Index in Clay is 97 which is slightly lower than the national average of 100, meaning groceries won’t take too much of a bite out of your budget. In Clay, there are plenty of local companies like Clay Tire & Auto Service, Smiths Grocery Store and Stewart's Auto Repair that provide quality goods and services at great prices. All in all, Clay offers an affordable cost of living compared to other parts of the US making it a great community to call home.
Clay has an unemployment rate of 9.8%. The US average is 6.0%.
Clay has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 17.6%, which is lower than the US average of 33.5%.
Tax Rates for Clay
- The Sales Tax Rate for Clay is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Clay is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Clay
- The average income of a Clay resident is $16,887 a year. The US average is $28,555 a year.
- The Median household income of a Clay resident is $11,442 a year. The US average is $69,021 a year.